Economics (AS & A Level) · Oct / Nov 2022 · Paper 31 · Question 13
9708Equity and redistribution of income and wealth
Some workers in a low-paid job decide to work longer hours to increase their disposable income. However, this decision reduces state-provided benefits, leaving them worse off. What does this describe?
- Adebt trap
- Bliquidity trap
- Cpoverty trap
- Dunemployment trap
As printed in the paper
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Correct answer: C. poverty trap
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